After you file

nope. you now have to amend to include the k-1 income.  this also means that the tax basis reported by the broker is incorrect (they don't get the needed info to properly adjust from what you originally paid to what your correct tax basis was on the site of sale). there should have been a supplemental schedule with the k-1 from which you can get your proper tax basis. it's also likely that there's a column on the supplement indicated as "section 751" or "gain subject to recapture as ordinary income" (at the bottom of the column it will likely say  "form 4797part II line 10"). this is not included on any of the lines on the k-1 except as info on line 20. so this must be reported as income. this income increases your tax basis so it must also be taken into account when figuring your capital gain or loss.